M&L MORTIER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
M&L MORTIER
Largest movements
- Receivables within one year -€4,391
down €4,391 (-38.9%), from €11,302 to €6,911
- Cash -€777
down €777 (-98.5%), from €788 to €11
mainly Trade debts (-€3,326) and Tax, wage and social debts (-€2,150)
- Trade debts -€3,326
down €3,326 (-56.3%), from €5,905 to €2,579
- Tax, wage and social debts -€2,150
down €2,150 (-22.4%), from €9,601 to €7,450
of which Taxes: -€1,650
- Profit (loss) carried forward +€1,842
up €1,842, from -€1,285 to €558
- Other debts -€1,736
down €1,736 (-14.4%), from €12,064 to €10,328
- Gross operating margin +€5,295
up €5,295 (+181%), from €2,925 to €8,220
- Depreciation -€2,393
down €2,393 (-52.1%), from €4,595 to €2,202
- Taxes +€1,774
up €1,774 (+560%), from €317 to €2,090
- Financial charges -€163
down €163 (-84.8%), from €192 to €29
- Other operating charges +€129
up €129 (+6.7%), from €1,927 to €2,056
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,285 | €24,915 | -€5,370 | -17.7% |
| Fixed assets | 21/28 | €18,195 | €17,993 | -€202 | -1.1% |
| Tangible fixed assets | 22/27 | €18,195 | €17,993 | -€202 | -1.1% |
| Other tangible fixed assets | 26 | €18,195 | €17,993 | -€202 | -1.1% |
| Current assets | 29/58 | €12,090 | €6,922 | -€5,168 | -42.7% |
| Amounts receivable within one year | 40/41 | €11,302 | €6,911 | -€4,391 | -38.9% |
| Trade receivables | 40 | €11,302 | €6,911 | -€4,391 | -38.9% |
| Cash at bank and in hand | 54/58 | €788 | €11 | -€777 | -98.5% |
| Total equity and liabilities | 10/49 | €30,285 | €24,915 | -€5,370 | -17.7% |
| Equity | 10/15 | €2,715 | €4,558 | +€1,842 | +67.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,285 | €558 | +€1,842 | |
| Amounts payable | 17/49 | €27,570 | €20,357 | -€7,213 | -26.2% |
| Amounts payable within one year | 42/48 | €27,570 | €20,357 | -€7,213 | -26.2% |
| Trade debts | 44 | €5,905 | €2,579 | -€3,326 | -56.3% |
| Suppliers | 440/4 | €5,905 | €2,579 | -€3,326 | -56.3% |
| Taxes, remuneration and social security | 45 | €9,601 | €7,450 | -€2,150 | -22.4% |
| Taxes | 450/3 | €7,101 | €5,450 | -€1,650 | -23.2% |
| Remuneration and social security | 454/9 | €2,500 | €2,000 | -€500 | -20.0% |
| Other amounts payable | 47/48 | €12,064 | €10,328 | -€1,736 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,595 | €2,202 | -€2,393 | -52.1% |
| Other operating charges | 640/8 | €1,927 | €2,056 | +€129 | +6.7% |
| Gross operating margin | 9900 | €2,925 | €8,220 | +€5,295 | +181% |
| Operating profit (loss) | 9901 | -€3,597 | €3,962 | +€7,559 | |
| Financial charges | 65/66B | €192 | €29 | -€163 | -84.8% |
| Recurring financial charges | 65 | €192 | €29 | -€163 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,789 | €3,933 | +€7,722 | |
| Income taxes | 67/77 | €317 | €2,090 | +€1,774 | +560% |
| Profit (loss) for the period | 9904 | -€4,106 | €1,842 | +€5,948 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,106 | €1,842 | +€5,948 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.